What is the inflation rate assumed in the phasing of works?

It looks like 3.9% pa. However, if the works are done under the current LTQAs with fixed rates, why then the increase by inflation?

Answer

Posted by Abbas Raza194sc on March 04, 2016

The Council has provided details of the assumptions and summaries of the viability appraisals that have been undertaken. The Council is not going to release any further information on the viability analyses.